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Wetouch Technology Inc.

Data quality: 100%
WETH
Nasdaq Technology Computer Peripherals
$1.35
▼ $0.03 (-2.17%)
Mkt Cap: 16.11 M
Price
$1.35
Mkt Cap
16.11 M
Day Range
$1.28 — $1.42
52-Week Range
$0.76 — $3.68
Volume
31,532
Open $1.39
50D / 200D Avg
$1.55
13.14% below
50D / 200D Avg
$1.49
9.39% below

Quick Summary

Key Takeaways

Revenue grew 7.77% annually over 5 years — modest growth
Earnings declined -27.02% over the past year
Net margin of 17.10% shows strong profitability
Generating 10.03 M in free cash flow
P/E of 2.16 — trading at a low valuation
Cash machine — converts 134.78% of earnings into free cash flow

Growth

Revenue Growth (5Y)
7.77%
Above sector avg (7.17%)
Revenue (1Y)6.48%
Earnings (1Y)-27.02%
FCF Growth (3Y)-69.53%

Quality

Return on Equity
5.57%
Above sector avg (1.81%)
ROIC5.38%
Net Margin17.10%
Op. Margin22.95%

Safety

Debt / Equity
N/A
Current Ratio26.69
Interest Coverage8.54

Valuation

PE (TTM)
2.16
Above sector avg (-0.15)
P/B Ratio0.12
EV/EBITDA-9.72
Dividend YieldN/A

Price History

Financial Trends

Peer Comparison

vs Technology sector median (1058 peers)
Metric Stock Sector Median
P/E 2.2 -0.1
P/B 0.1 3.0
ROE % 5.6 1.8
Net Margin % 17.1 -0.5
Rev Growth 5Y % 7.8 7.2
D/E 0.4

All Fundamental Metrics

Growth
Revenue Growth (1Y) 6.48% Revenue Growth (3Y) 5.59%
Earnings Growth (1Y) -27.02% Earnings Growth (3Y) -16.88%
Revenue Growth (5Y) 7.77% Earnings Growth (5Y) -9.35%
Profitability
Revenue (TTM) 43.52 M Net Income (TTM) 7.44 M
ROE 5.57% ROA 5.37%
Gross Margin 33.79% Operating Margin 22.95%
Net Margin 17.10% Free Cash Flow (TTM) 10.03 M
ROIC 5.38% FCF Growth (3Y) -69.53%
Safety
Debt / Equity N/A Current Ratio 26.69
Interest Coverage 8.54 Asset Turnover 0.31
Working Capital 120.49 M Tangible Book Value 135.17 M
Dividends
Dividend Yield N/A Payout Ratio N/A
Dividend Growth (3Y) N/A Dividend Growth (5Y) N/A
Consecutive Div Years N/A
Valuation
P/E Ratio 2.16 Forward P/E N/A
P/B Ratio 0.12 P/S Ratio 0.37
PEG Ratio N/A Forward PEG N/A
EV/EBITDA -9.72 Fwd EV/EBITDA N/A
Forward P/S N/A Fwd Earnings Yield N/A
FCF Yield 62.27%
Market Cap 16.11 M Enterprise Value -97.09 M
Per Share
EPS (Diluted TTM) 0.62 Revenue / Share 3.65
FCF / Share 0.84 OCF / Share 0.86
EPS CAGR (1Y) -41.57% EPS CAGR (5Y) 13.80%
EPS CAGR (10Y) N/A
Efficiency
CapEx / Revenue 0.62% FCF Conversion 134.78%
SBC-Adj. FCF N/A Growth Momentum -1.29

Income Statement

Annual, most recent first
Metric FY2024 FY2023 FY2022 FY2021 FY2020
Revenue 42.28 M 39.71 M 37.92 M 40.79 M 31.35 M
Net Income 6.03 M 8.26 M 8.73 M 17.39 M 8.93 M
EPS (Diluted) 0.52 0.89 0.27 0.55 0.31
Gross Profit 13.61 M 17.19 M 14.05 M 18.43 M 15.61 M
Operating Income 9.32 M 12.65 M 11.41 M 12.62 M 11.88 M
EBITDA
R&D Expenses 84,551.0 84,551.0 85,251.0 89,477.0 77,997.0
SG&A Expenses
D&A 9,403.0 9,891.0 381,167.0 1.06 M
Interest Expense 1.17 M 252,325.0 224,885.0 27,450.0 1.73 M
Income Tax 2.66 M 4.08 M 3.35 M 4.41 M 1.55 M

Balance Sheet

Annual, most recent first
Metric FY2024 FY2023 FY2022 FY2021 FY2020
Total Assets 128.02 M 119.64 M 73.11 M 68.68 M 47.06 M
Total Liabilities 3.43 M 6.72 M 4.27 M 4.37 M 2.71 M
Shareholders' Equity 124.59 M 112.92 M 68.83 M 64.31 M 44.35 M
Total Debt
Cash & Equivalents 103.76 M 51.25 M 46.16 M 23.96 M
Current Assets 114.14 M 106.78 M 62.18 M 56.85 M 36.60 M
Current Liabilities 2.95 M 6.34 M 4.01 M 3.24 M 2.28 M